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631 Lawrence Street Cambridge, Ontario N3H 2M8

4 Bedroom 2 Bathroom 1500 - 2000 sqft
Central Air Conditioning Forced Air

$875,000

Attention Investors, First-Time Home Buyers, Renovators. This large up/down legal duplex with separate utility meters for each unit is ready for you. Live in one apartment and collect rent from the other! The brand new main floor offers a spacious two-bedroom unit with access to the backyard, a well-laid-out entrance/mudroom, and a back deck. The second floor is rented for $1,875 and has a well-appointed two-bedroom unit with a main street entrance, a large front porch, and a sizable second-floor porch. The property has great curb appeal, featuring a huge, deep lot measuring 49.59 ft by 199.02 ft. Located in a mature residential neighborhood, only a few blocks from downtown Preston, with easy access to Hwy 401. Surrounded by many city parks, green spaces, and close to the Grand River. Engineered stamped drawings to convert the property into a legal triplex by renovating the basement are available. This is a fantastic opportunity for a savvy investor or first-time home buyer, with major upside potential. (id:60365)

Open House

This property has open houses!

July
6
Sunday
Starts at:

2:00 pm

Ends at:

4:00 pm

Property Details

MLS® Number X12258214
Property Type Multi-family
ParkingSpaceTotal 6

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Age 51 To 99 Years
Amenities Separate Heating Controls, Separate Electricity Meters
BasementDevelopment Unfinished
BasementType N/a (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 199 Ft
SizeFrontage 49 Ft ,6 In
SizeIrregular 49.5 X 199 Ft
SizeTotalText 49.5 X 199 Ft
ZoningDescription R5

Rooms

Level Type Dimensions
Second Level Kitchen 4.22 m x 1.63 m
Second Level Family Room 4.22 m x 3.31 m
Second Level Primary Bedroom 4.25 m x 2.02 m
Second Level Bedroom 2 3.07 m x 2.02 m
Second Level Bathroom 3.43 m x 1.52 m
Ground Level Kitchen 4.22 m x 3.34 m
Ground Level Family Room 4.22 m x 3.75 m
Ground Level Primary Bedroom 4.25 m x 4.68 m
Ground Level Bedroom 2 4.59 m x 3.2 m
Ground Level Bathroom 4.59 m x 1.63 m

https://www.realtor.ca/real-estate/28549422/631-lawrence-street-cambridge

Tanja Stosic
Salesperson


Royal LePage Real Estate Services Ltd.
231 Oak Park #400b
Oakville, Ontario L6H 7S8

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